Previous close | 102.10 |
Open | 103.90 |
Bid | 106.47 x 400 |
Ask | 106.58 x 400 |
Day's range | 103.34 - 107.90 |
52-week range | 39.50 - 107.90 |
Volume | |
Avg. volume | 1,365,858 |
Market cap | 10.675B |
Beta (5Y monthly) | 0.55 |
PE ratio (TTM) | 33.53 |
EPS (TTM) | 3.18 |
Earnings date | 29 Oct 2024 - 04 Nov 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 95.73 |
(Bloomberg) -- Sprouts Farmers Market Inc. has already more than doubled this year, and Evercore ISI sees that relentless rally extending even further as the natural and organic food retailer cashes in on well-heeled shoppers’ focus on healthy eating.Most Read from BloombergPipeline Fire Near Houston Forces Some Residents to EvacuateHousing’s Worst Crisis in Decades Reverberates Through 2024 RaceLondon Mayor Plans to Pedestrianize Busy Oxford StreetAn Affordable Nomadic Home Design Struggles to
Shares of grocery store chain Sprouts Farmers Market (NASDAQ:SFM) jumped 5.4% in the morning session after Evercore analyst Michael Morris upgraded the stock's rating from Inline (Hold) to Outperform (Buy) and raised the price target from $96 to $120. The new price target implied a potential 15% upside from where shares traded before the upgrade was announced. After the initial pop the shares cooled down to $106.91, up 4.7% from previous close.
Let’s dig into the relative performance of Grocery Outlet (NASDAQ:GO) and its peers as we unravel the now-completed Q2 non-discretionary retail earnings season.